Rumour: New Xbox “Will Be Expensive”, $500 Price Suggested

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Rumour: New Xbox “Will Be Expensive”, $500 Price Suggested

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According to US reporter Paul Thurrott, Microsoft’s new Xbox console is going to be “expensive” and could cost up to $500, or $300 with a subscription model.

Thurrott is well known for his Microsoft leaks and if he’s citing a $500 price tag, then it’s best if you started saving up.

Speaking via What The Tech, Thurrott said that the console is planned for a release in November and will be a Windows 8 device.

“Durango is going to be expensive; $500, $300 with a subscription – that kind of thing,” he said.

“Originally, they were going to announce this thing on April 24. Now they’re going to announce it on May 21. We know there are events occurring this year where we’re going to learn more about Durango.

“E3 is going to occur, Build is going to occur in San Francisco in June when they’re going to talk about the developer story – because it’s a Windows 8 device. It’s going to have the same, or basically the same, developer tools and developer APIs and all that kind of stuff.”

Thurrott also claimed that Microsoft will launch a new Xbox 360 console this year for just $99; it is code-named Stingray.